Attached files
| file | filename |
|---|---|
| EX-32.1 - EXHIBIT 32.1 - CyrusOne Inc. | copyofcone-20161231xex321.htm |
| EX-32.2 - EXHIBIT 32.2 - CyrusOne Inc. | copyofcone-20161231xex322.htm |
| EX-31.2 - EXHIBIT 31.2 - CyrusOne Inc. | copyofcone-20161231xex312.htm |
| EX-31.1 - EXHIBIT 31.1 - CyrusOne Inc. | copyofcone-20161231xex311.htm |
| EX-23.1 - EXHIBIT 23.1 - CyrusOne Inc. | copyofcone-20161231xex231.htm |
| EX-21.1 - EXHIBIT 21.1 - CyrusOne Inc. | copyofcone-20161231xex211.htm |
| EX-10.42 - EXHIBIT 10.42 - CyrusOne Inc. | exhibit1042formoftime-base.htm |
| 10-K/A - 10-K/A - CyrusOne Inc. | cone-20161231x10ka.htm |
Exhibit 12.1
RATIO OF EARNINGS TO COMBINED FIXED CHARGES FOR CYRUSONE INC.
Successor | Successor | Successor | Successor | Predecessor | |||||||||||||||||||
(dollars in millions) | Year Ended December 31, 2016 | Year Ended December 31, 2015 | Year Ended December 31, 2014(a) | January 24 to December 31, 2013(a) | January 1, 2013 to January 23, 2013 (b) | 2012 (b) | |||||||||||||||||
Pre-tax income (loss) from continuing operations before adjustment for noncontrolling interests/minority interests in consolidated subsidiaries or income or loss from equity investees plus fixed charges* | $ | 75.9 | $ | 27.2 | $ | 30.0 | $ | 30.8 | $ | (16.8 | ) | $ | 19.9 | ||||||||||
Fixed charges: | |||||||||||||||||||||||
Interest expensed and capitalized | 59.4 | 47.3 | 44.1 | 42.8 | 2.6 | 44.5 | |||||||||||||||||
Appropriate portion of rentals (c) | 2.5 | 2.5 | 2.2 | 2.2 | 0.5 | 2.9 | |||||||||||||||||
Total fixed charges | 61.9 | 49.8 | 46.3 | 45.0 | 3.1 | 47.4 | |||||||||||||||||
Ratio of earnings to fixed charges(d)(e)(f)(g) | 1.2 | — | — | — | — | — | |||||||||||||||||
* | Earnings used in computing the ratio of earnings to combined fixed charges consists of income from continuing operations before income taxes, adjustment for noncontrolling interests/minority interests, income/loss from equity method investees, and fixed charges except for capitalized interest. |
(a) | Consolidated results for the year ended December 31, 2014, and the period ended January 24, 2013 to December 31, 2013, are the same for both CyrusOne Inc. and CyrusOne LP. |
(b) | Periods represent results of the Predecessor on a “carved-out basis” from CBI for all respective periods. |
(c) | Represents the estimated portion of operating lease expense deemed to represent interest for each respective period presented. |
(d) | For the years ended December 31, 2015 and 2014, earnings were insufficient to cover fixed charges by $22.6 million and $16.3 million, respectively. |
(e) | For the period ended December 31, 2013 (January 24, 2013 to December 31, 2013), earnings were insufficient to cover fixed charges by $14.2 million. |
(f) | For the period ended January 23, 2013 (January 1, 2013 to January 23, 2013), earnings were insufficient to cover fixed charges by $19.9 million. |
(g) | For the year ended December 31, 2012, earnings were insufficient to cover fixed charges by $27.5 million. |